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  • Previous Rank377
  • Revenues ($M)$28,799
  • Revenue Percent Change2.4%
  • Profits ($M)$818
  • Profits Percent Change0.4%
  • Assets ($M)$250,441
  • Employees5,646

The Milwaukee-based, privately-held life insurer isn’t owned by stockholders and likes to emphasize that it has a longer view than its publicly traded peers. That’s a good thing–historically low interest rates are certainly weighing on the category. Northwestern Mutual’s total risk premium sales topped $1 billion in 2016 and the company managed total premium revenue of $17.9 billion for its insurance and annuity products, a record. It also surpassed $100 billion of client assets under management, up 13%. A new 32-story tower in downtown Milwaukee and a number of new executives should inject new life into the 160-year-old company.

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Company Information

CEO
John E. Schlifske
Sector
Financials
Industry
Insurance: Life, Health (Mutual)
HQ Location
Milwaukee, WI
Websitehttp://www.northwesternmutual.com
Years on Global 500 List23
Employees5,646

Northwestern Mutual Rank History

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$28,7992.4%
Profits ($M)$8180.4%
Assets ($M)$250,441-
Total Stockholder Equity ($M)$20,226-

Profit Ratios

Profit as % of Revenues2.8%
Profits as % of Assets0.3%
Profits as % of Stockholder Equity4%